Analyst Rating:

Referring to Finacle Core Banking Solution, Omdia Analysts Philip Benton and Ouliana Smith Mentions in the Report,

• Infosys Finacle has the widest solution breadth with the broadest platform capability and achieved one of the highest scores for core platform capability by providing a wide range of capabilities out-of-the-box that would suit complex deployments.
• Finacle is a clear leader in product support and has been an early enabler of open banking, largely due to the regulatory requirements of its largest customers, and its clients have already leveraged the solution’s capabilities to develop new business models for API-led distribution of banking products and payments.
• As an established vendor dedicated to continuous improvement and innovation, it is well-placed to maintain its leadership position in the future.
• Finacle has a cloud-native, cloud-agnostic, componentized, layered, and open APIs-led microservices architecture.
• Finacle offers a real-time processing engine and Finacle API Connect (a full-stack API offering), supporting newer business models such as BaaS, marketplace banking, and embedded finance.
• Finacle Solutions have a zero-trust-based architecture offering cloud infrastructure security, advanced data security, cybersecurity, and specialized SaaS modules for data privacy and security.
• The solution caters to banks of all sizes, whether incumbents or challengers, across retail and private banking, including Islamic banking, business and corporate banking, and microfinance.